Disney Chief Bob Iger Doesn't Believe Movie Hack Threat Was Real

"Baywatch" was directed by Seth Gordon, the film stars Dwayne Johnson, Zac Efron, and Alexandra Daddario. This includes a $67.8 million debut in China and an industry record opening in Russian Federation of an estimated $18.6 million. Many of those in the industry severely question how Rotten Tomatoes computes the its ratings, and the fact that these scores run on Fandango (which owns RT) is an even bigger problem. The sequel looks to pull in another $24.2 million over the four-day weekend, raising its domestic total close to $340 million. Unlike Johnny Depp's movie, hopes on Baywatch were crushed as they movie is still falling to garner audience or to find critic's or reviewers' favor.

"Dead MenTell No Tales" also scored big internationally, collecting US$247.8 in ticket sales, with China the top foreign market (US$92.3 million), Disney said in a statement. "This is one of the most prolific franchises in history, and will cross $4 billion in combined box-office revenue today", said Disney distribution chief Dave Hollis. At least as long as the rest of the world never finds out about review aggregation.

Per ComScore, overall box office is up 2.3 percent in the same frame from a year ago.

Meanwhile, the R-rated "Baywatch" reboot of the '90s syndicated TV show by Viacom's VIA, +0.00%Paramount Pictures finished in third place, with just $18.1 million in its first three days ($22 million estimated through Monday).

Ridley Scott's sci-fi thriller Alien: Covenant, which topped the box office in its debut last week, suffered a severe decline in its second weekend, plummeting 71 percent, earning just $10.7 million. After debuting at the number three spot last weekend, Everything, Everything added additional $7.4 million over the long Memorial Day weekend. Past year it was "X-Men: Apocalypse" that won the holiday with an $80M debut, the film easily trounced Disney's "Alice Through the Looking Glass", which only brought in $33M over the same time-period. Finally, Beauty and the Beast took in another $1.6 million to bring its domestic total to a whopping $500.6 million.

Over time, the Pirates franchise has become more reliant on overseas ticket sales, and that is certainly the case this time out.

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